The gambling industry is mourning the loss of Paul Gauselmann, founder of the Merkur Group, who passed away on Friday at 91. Born in Germany in 1934, Gauselmann opened his first gaming arcade in 1974, eventually leading to the establishment of Merkur Group, which now employs over 15,000 people.
For 67 years, Gauselmann guided Merkur, contributing to the group’s impressive turnover of around €2.1 billion ($2.45 billion). Even after resigning as chairman in 2024 and transferring leadership to his son, Michael, he remained actively involved in daily operations.
In a tribute, Merkur honored Gauselmann as a “courageous fighter with grand visions.” The company expressed deep sorrow at his passing, stating, “For everyone who knew Paul Gauselmann, the loss of him is still too much to take in. Yet, as he would have wanted, our gaze is fixed on the Merkur sun. The Merkur Group, together with its staff members, pays its respects to an extraordinary individual, with humility and deep gratitude.”
Stuart Hunter, Managing Director of WorldGaming, remarked on Gauselmann’s enduring influence in the industry, noting the team’s sadness at his death. “His long-term support of ICE also helped smooth its 2025 relocation from London to Barcelona. Paul epitomised the qualities of entrepreneurship, drive, creativity, vision and empathy that underpin this industry,” Hunter said.
IGT acknowledged Gauselmann’s immense contributions in a LinkedIn post, highlighting his pioneering spirit and entrepreneurial vision that have left a significant impact on the global gaming landscape.
A memorial has been set up at the Paul Gauselmann statue located in the courtyard of Benkhausen Castle, the Merkur Group's training center. Merkur Group Chairman Lars Felderhoff also shared his personal reflections, expressing gratitude for the many interactions and experiences he shared with Gauselmann. “I will carry them with me, just as I will always remember the remarkable person behind this extraordinary legacy.”
